WF Holding Ltd

WFF

Market cap $18.3M

KUALA LUMPUR, Malaysia , June 24, 2025 /PRNewswire/ -- Today, WF Holding Ltd (stock code: WFF) officially announced its entry into the cryptocurrency sector and appointed Bull Coin Asset Management Limited as its industry consultant. The collaboration aims to assist with market research, technology assessment, and compliance strategy development.

KUALA LUMPUR, Malaysia , June 24, 2025 /PRNewswire/ -- WF Holding Ltd (Stock Code: WFF), a manufacturer of fiberglass reinforced plastic, or FRP, products based in Malaysia, has officially announced plans to make significant investments in China to expand its business scope and promote bilateral economic cooperation and technological exchanges. The company is looking for suitable corporate land in various parts of China to add factories.

KUALA LUMPUR, March 28, 2025 (GLOBE NEWSWIRE) -- WF Holding Limited (“WF Holding” or “Company”), a Malaysia-based manufacturer of fiberglass reinforced plastic (FRP) products, announced today the successful closing of its initial public offering of 2,000,000 ordinary shares, par value $0.00005 per share (the “Ordinary Shares”), at a public offering price of $4.00 per share. The offering generated total gross proceeds of $8 million, before deducting underwriting discounts and other offering expenses. The Company's Ordinary Shares started trading on the Nasdaq Capital Market on March 27, 2025 under the ticker symbol “WFF.”

Company to list shares on Nasdaq Capital Market under symbol “WFF” KUALA LUMPUR, March 26, 2025 (GLOBE NEWSWIRE) -- WF Holding Limited (“WF Holding” or “Company”), a Malaysia-based manufacturer of fiberglass reinforced plastic (FRP) products, today announced the pricing of its initial public offering (the “Offering”) of 2,000,000 ordinary shares at a public offering price of US$4.00 per ordinary share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on March 27, 2025, U.S. Eastern time, under the ticker symbol “WFF.

WF Holding Limited seeks $10 million in an IPO but faces risks like customer concentration, worsening margins, and excessive valuation expectations. The company produces fiberglass-reinforced plastic products for industries like chemical processing and power generation, but has a small and concentrated revenue base. Financials show growing revenue but declining gross profit and margins, with administrative expenses rising disproportionately to revenue growth.